Ocean State Joblot may have the most genius business plan in history. They actually thrive during recession. Business booms. Think about it: large businesses go out of business. Joblot vulchurously swoops down upon the rotting carcass of bigbox and medium size stores hawking their newly gotten wares at discount prices to thousands of customers who no longer can afford to shop elsewhere and are willing to buy lower end equipment. Revenues increase allowing joblot to buy even better stuff from the next round of close outs (I expect to see some decent home flooring tile coming out of the Expo closures announced today). It is genius. All the while the more people out of the work, the more they shop at job lot. The more job lot exands. The more people they hire. Job Lot could single handidly end this recession. Not only that, if you extrapolate the trend outward a year or two, Job Lot could be offering some seriously decent quality wares at low prices and not only build a decent reputation but begin to challenge big stores like best buy, radio shack, home depot, etc. They ought to really capitalize on this. This is as good as it gets for them.
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9 years ago
One thing people don't realize is that joblot treats Their employees as walmart does. They don't alow you to work full time (24hrs a week max), minimum wage, 3 yrs to earn 1 hr of personal time, maybe a 3 cent raise once a year, and they don't alow you to count the drawer you sign for. Good old big business keeping people poor.
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